SITC opens second phase of Vietnam port warehouse

By Lexi Dupre |Thursday, January 02, 2014

SITC announced last week the completion of the second phase of its Vietnam development, a $6 million investment which includes a 44,800-square-meter depot, a 1,200-square-meter modern office building, and a 4,000-square-meter integrated logistics warehouse.
Phase III of the project is expected to deliver in the second half of 2014. When completed, SITC will span 143,000 square meters, with a maximum yearly processing capacity of 720,000 TEU.
SITC has already signed cooperation contracts with Maersk, CMA CGM, MOL and HEUNG.